# HSBC Global Investment Banking and Jefferies have reiterated their 'Buy' ratings on Godrej Properties Ltd. The brokerages cited strong growth visibility and a robust pre-sales outlook.

*business · news · 2026-05-05 · Business Today*

## Key points

- HSBC Global raised Godrej Properties' target price to Rs 2,900, implying a 52.6% upside.
- Godrej Properties has set FY27 pre-sales growth guidance at 14% YoY, despite global uncertainty.
- Jefferies notes the company announced a dividend after a decade and promoters bought a 5% stake.
- Management projects a 20% reported ROE and FCF turnaround by FY28, driven by higher construction spends.

**Companies:** HSBC Global Investment Banking, Jefferies, Godrej Properties Ltd
**Countries:** India, United Kingdom, United States

[Read the full story on Business Today](https://www.businesstoday.in/markets/stocks/story/godrej-properties-shares-why-global-brokerages-see-up-to-53-upside-potential-529841-2026-05-05)

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